Mariette if the coordinator of the group named Soulaje Malere of Rocheplate. She is married with two children. She lives in the Rocheplate region in the North East of Haiti where electricity is rare and water very limited. She has been running her business for the last six years.

Mariette would like to use this loan to invest in a business selling cosmetics, clothing and shoes, etc. Other members of the Soulaje Malere of Rocheplate group also need a loan for their businesses. Mariette says that the biggest challenge is to stabilise your commerce.

Additional Information

More information about this loan

This loan is designed for a borrower or group of borrowers in Haiti. Esperanza is one of the few MFIs currently working in the northeast region of the country. Through lending, the organization aims to stimulate economic growth and opportunity in a country that has suffered debilitating crises, including political instability, natural disasters and poverty. Esperanza lends primarily to groups of women who cross-guarantee each other's loans. They also receive financial literacy courses and health services.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.